SEC Form 4 · accession 0000899243-18-031751
AVALARA, INC. · AVLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott M McFarlane
Officer — See Remarks · Director
Period of report
Dec 21, 2018
Accepted (ET)
Dec 27, 2018 · 10:09 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001348036
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 21, 2018 | M | 100,000 | $1.50 | A | 797,488 | D | |
| Common StockF2 | Dec 21, 2018 | S | 72,950 | $29.876 | D | 724,538 | D | |
| Common StockF3 | Dec 21, 2018 | S | 27,050 | $30.667 | D | 697,488 | D | |
| Common StockF4 | holding | — | — | — | 9,375 | I | By MVPROJECTS, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $1.50 | Dec 21, 2018 | M | 100,000 | A | Dec 17, 2014 | Feb 18, 2021 | Common Stock | 531,932 | 431,932 | D |
Explanation of responses
- F1The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 21, 2018.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.33 to $30.31, inclusive. Upon request by Avalara, Inc., any security holder thereof, or the staff of the Securities and Exchange Commission, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) of this Form 4.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.33 to $30.78, inclusive.
- F4The Reporting Person is a member of MVPROJECTS, LLC.
Remarks
Chairman, Chief Executive Officer and President